Bill looks to reduce premiums by replacing emergency services levy, with an independent body also appointed to ensure savings are passed on to insureds.
Pool reaches 95% coverage of eligible risks; however, data quoted by ARPC on premium reductions appears to conflict with findings from the ACCC and ACIL.
MNRB Holdings Berhad sees record-breaking year, with profits soaring to RM428.4m (US$90.34m), as Malaysian Re surpasses RM2.0bn in GWP/GWC for the first time.
